What is elastic force

Something that is elastic can return to its original shape after being stretched or compressed. As you stretch or compress an elastic material like a bungee cord or a rubber band it resists the change in shape. It exerts a counterforce in the opposite direction. Now if you pull back the rubber band u are using force now if you let go the force that you used to pull back is transferred into the band snapping and bouncing. This force is called an elastic force.

it is something that will return back to shape and being stretched or compressed